IRIS Accounts Production v23.3.1.45 08953472 Board of Directors 1.4.22 31.8.23 31.8.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089534722022-03-31089534722023-08-31089534722022-04-012023-08-31089534722021-03-31089534722021-04-012022-03-31089534722022-03-3108953472ns10:Originalns15:EnglandWales2022-04-012023-08-3108953472ns14:PoundSterlingns10:Original2022-04-012023-08-3108953472ns10:Originalns10:Director12022-04-012023-08-3108953472ns10:Original2022-04-012023-08-3108953472ns10:Original2023-08-3108953472ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-08-3108953472ns10:Originalns10:SmallEntities2022-04-012023-08-3108953472ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-08-3108953472ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-08-3108953472ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-08-3108953472ns10:Originalns10:FullAccounts2022-04-012023-08-3108953472ns10:Original12022-04-012023-08-3108953472ns10:Originalns10:OrdinaryShareClass12022-04-012023-08-3108953472ns10:Originalns10:Director22022-04-012023-08-3108953472ns10:Originalns10:RegisteredOffice2022-04-012023-08-3108953472ns10:Original2022-03-3108953472ns10:Originalns5:CurrentFinancialInstruments2023-08-3108953472ns10:Originalns5:CurrentFinancialInstruments2022-03-3108953472ns5:ShareCapitalns10:Original2023-08-3108953472ns5:ShareCapitalns10:Original2022-03-3108953472ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-3108953472ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108953472ns10:Originalns5:NetGoodwill2022-04-012023-08-3108953472ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-08-3108953472ns10:Originalns5:PlantMachinery2022-04-012023-08-3108953472ns10:Originalns5:FurnitureFittings2022-04-012023-08-3108953472ns10:Originalns5:MotorVehicles2022-04-012023-08-3108953472ns10:Original2021-04-012022-03-3108953472ns10:Originalns5:NetGoodwill2022-03-3108953472ns10:Originalns5:NetGoodwill2023-08-3108953472ns10:Originalns5:NetGoodwill2022-03-3108953472ns10:Originalns5:PlantMachinery2022-03-3108953472ns10:Originalns5:PlantMachinery2023-08-3108953472ns10:Originalns5:PlantMachinery2022-03-3108953472ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3108953472ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3108953472ns10:Originalns10:OrdinaryShareClass12023-08-3108953472ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108953472ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-08-31
REGISTERED NUMBER: 08953472 (England and Wales)












TGB CONSTRUCTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 31 AUGUST 2023






TGB CONSTRUCTION LIMITED (REGISTERED NUMBER: 08953472)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 April 2022 to 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TGB CONSTRUCTION LIMITED

COMPANY INFORMATION
for the period 1 April 2022 to 31 August 2023







DIRECTORS: T G Baylis
Ms C E Baylis





REGISTERED OFFICE: Station House
Connaught Road
Brookwood
WOKING
Surrey
GU24 0ER





REGISTERED NUMBER: 08953472 (England and Wales)





ACCOUNTANTS: HPCA Limited
Station House
Connaught Road
Brookwood
Woking
Surrey
GU24 0ER

TGB CONSTRUCTION LIMITED (REGISTERED NUMBER: 08953472)

BALANCE SHEET
31 August 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 50,000
Tangible assets 5 - 28,431
- 78,431

CURRENT ASSETS
Debtors 6 398,900 345,881
Cash at bank 28,937 31,002
427,837 376,883
CREDITORS
Amounts falling due within one year 7 (402,993 ) (209,708 )
NET CURRENT ASSETS 24,844 167,175
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,844

245,606

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 24,744 245,506
SHAREHOLDERS' FUNDS 24,844 245,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TGB CONSTRUCTION LIMITED (REGISTERED NUMBER: 08953472)

BALANCE SHEET - continued
31 August 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:





T G Baylis - Director


TGB CONSTRUCTION LIMITED (REGISTERED NUMBER: 08953472)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 April 2022 to 31 August 2023

1. STATUTORY INFORMATION

TGB Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the net invoiced sales of works undertaken. Works are undertaken on a stage by stage basis with income recognised at the point at which a stage is completed.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 33% on reducing balance
Fixtures and fittings - 25% Straight line
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 2 ) .

TGB CONSTRUCTION LIMITED (REGISTERED NUMBER: 08953472)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 April 2022 to 31 August 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 August 2023 250,000
AMORTISATION
At 1 April 2022 200,000
Charge for period 50,000
At 31 August 2023 250,000
NET BOOK VALUE
At 31 August 2023 -
At 31 March 2022 50,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 94,369
Additions 116
Disposals (94,485 )
At 31 August 2023 -
DEPRECIATION
At 1 April 2022 65,938
Charge for period 6,655
Eliminated on disposal (72,593 )
At 31 August 2023 -
NET BOOK VALUE
At 31 August 2023 -
At 31 March 2022 28,431

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 376,000 3,109
Icongrove Limited - 116,212
Other debtors - 500
VAT 4,938 14,100
Prepayments and accrued income 17,962 205,158
Prepayments - 6,802
398,900 345,881

TGB CONSTRUCTION LIMITED (REGISTERED NUMBER: 08953472)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 April 2022 to 31 August 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 18,078 75,346
CT61 tax - 617
Social security and other taxes - (129 )
Pension control - (69 )
Other creditors 100 7,660
CIS 99 6,493
Icongrove Limited 143,751 -
Directors' current accounts 230,965 112,171
Accrued expenses 10,000 7,619
402,993 209,708

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2022 245,506
Deficit for the period (69,762 )
Dividends (151,000 )
At 31 August 2023 24,744

10. RELATED PARTY DISCLOSURES

At the period end the company owed the director £230,965 (March 2022: £112,171).

At the period end the company owed £143,75 to a related entity wholly owned by the director (2022: the company was owed £116,212 from the same related entity).